Greek News
events
Greek Open-Air Cinemas Offer Movie Magic Under Starry Nights
Catch a movie under the stars while in Greece at one of the magical open-air cinemas of Greece. The smell of jasmine, a soft summer breeze and a cool beer at hand is the stuff Greek summer nights are...
Economy
Germany Postpones Release of Loan Tranche to Greece
German Bundestag did not recommend the release of the next loan tranche to Greece by the European Stability Mechanism rescue fund as earlier reports by Reuters had suggested. The German budget committee was supposed to have discussed the release...
Greece
The Best Barista in the World Is… Greek! [video]
Nikos Kanakaris, aged 32, won the 2016 'Barista & Farmer' TV reality show. He made it to the finals after being selected among 200 other contestants who lived and worker together in a Brazilian coffee commune.
Finally, he made his...
Economy
Bloomberg: Greek FinMin Admits Grexit Still on Table
Greek Finance Minister Euclid Tsakalotos said that Greek bonds will soon be eligible for the European Central Bank's asset-purchase program, in an interview with Bloomberg. He pointed to the benefits of this, including the gradual recovery of investor confidence.
Greece...
Greece
Turkey Reacts to Greece's Condemnation of Turning Hagia Sophia into Mosque
The Turkish Foreign Ministry has reacted strongly to Greece's criticism of reading the Koran in Hagia Sophia in Istanbul throughout Ramadan.
"The Greek Foreign Ministry’s statement with regards to TRT Diyanet TV’s sahur program entitled ‘Hagia Sophia at the time of abundance,’...
events
Greece's Electronic Music Festivals to Attract Tourists this Summer
The days of young dance loving tourists flocking to Croatia for summer dance festivals may very well be a thing of the past. The Electronic dance scene in Greece this summer is made up of a show-stopping line up of...
Economy
Kyriakos Mitsotakis: Need for a Different Policy Mix to Escape the Crisis
Main opposition New Democracy leader Kyriakos Mitsotakis stressed the need for a different policy mix to get the country out of the crisis.
Mitsotakis, who was speaking at a conference organized by Naftemporiki newspaper, accused the government that it sinks...
Greece
Government Unveils Online Media Register With Basic Details of News Websites
An online media register that will include the basic details of news websites was unveiled by the State Minister Nikos Pappas on Tuesday, as part of the company’s efforts to increase transparency in the sector.
According to the law, websites...
Economy
Greece Cuts 200,000 Supplementary Pensions by 40%
A new ministerial decree posted on state website Diavgia on Tuesday night calls for cuts of up to 40 percent on supplementary pensions for 200,000 pensioners.
The decree was signed by Deputy Labor Minister Tasos Petropoulos and is published in...
Greek News
Greek Culture Brings in Visitors from Top Chinese Universities
The Greek culture and language will be taught in Guangdong University of China, one of the best Chinese Universities with global distinction.
Through its Philosophy Department, the National and Kapodistrian University of Athens (EKPA) is opening its doors with Guangdong...
Europe
EU Commissioner Avramopoulos Stresses Need to Turn Migration Into an Asset for the Economy
"The timely and effective integration of third countries is crucial for turning migration into an advantage for the economy and the cohesion of our society," EU Commissioner for Migration, Home Affairs and Citizenship Dimitris Avramopoulos on Wednesday said regarding...
Economy
Former Athens Airport Land Sale Paves Way for Loan Tranche
The Greek government on Tuesday signed a Memorandum of Understanding with Lamda Development for the privatization of the former Athens airport land at Elliniko.
The Hellenic Republic Assets Development Fund (TAIPED), Greece's state privatization agency, agreed with the consortium of...
Greece
Greece’s Migrant Count Leaps on Technicality
The number of refugees and other migrants trapped in Greece has grown in a day by about 5,000 to 57,458 after officials started counting people in a U.N. housing program.
Most have been stuck in the financially struggling country since...
Economy
Creditors Give Greece Extension to Complete Prerequisites
The Euro Working Group has given the approval for the disbursement of the loan tranche and extended the time for Greece to fulfill pending bailout program prerequisites.
Specifically, even if Greece is not ready by Thursday's EWG in Helsinki, there...
Economy
Germany will Recommend Release of Loan Tranche to Greece
Germany will recommend that the European Stability Mechanism rescue fund releases the next loan tranche to Greece, according to a Reuters report.
Reuters says that on Wednesday it has seen a letter by German Deputy Finance Minister Jens Spahn sent...